Tesco and Verizon announce dual currency tender offers
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Corporate Bonds

Tesco and Verizon announce dual currency tender offers

Tesco Bag

UK grocer Tesco and US telecoms company Verizon both announced tender offers for some of their outstanding bonds in euros and sterling. Tesco is offering to buy up to £700m equivalent, while Verizon will confirm the size of its repurchase once it has sold new euro and sterling bonds.

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